EU Inflation on Hold-Up: ECB Cut the Rates
Written by M. Guillermo GuttierrezThe EUR/USD exchange rate dropped sharply on Thursday (Nov. 7), as the European Central Bank unexpectedly cut rates by 0.25% at its policy meeting. ..
The EUR/USD exchange rate dropped sharply on Thursday (Nov. 7), as the European Central Bank unexpectedly cut rates by 0.25% at its policy meeting. ..
In September, the unemployment rate hit a record of 12.2% in the eurozone, which makes almost 20 million jobless people in the 17-country currency ..
According to the EUROSTAT, the statistical office of the European Union, savings of European households in the eurozone decreased in the third ..
The eurozone seems to have bounced back from the 2008-2009 financial crisis, as Olli Rehn, EU Commissioner for Economic and Monetary Affairs, ..